The answer is Contribution Margin.
What is break-even point?
A transaction or investment's breakeven point (break-even price) is established by comparing the market price of an asset to its initial cost; the breakeven point is reached when the two prices are equal. In business accounting, the breakeven point is calculated by dividing the entire fixed costs of production by the revenue per unit less the variable costs per unit. Those expenses that don't fluctuate regardless of how many units are sold are referred to in this context as fixed costs. The production level at which all sales for a product net the same amount of money as all expenses is known as the breakeven point.
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Answer:
time bond
Explanation:
time frame given to achieve that goal
Answer:
c. Interest Payable, $1,200.
Explanation:
Based on the information given in a situation where the company keeps its records on a calendar year, an adjustment is needed on December 31 to increase: INTEREST PAYABLE, by $1,200
Increase in Interest payable=6%*30,000*8/12
Increase in Interest payable=$1,200
(May 1 to December 31=8 months)
Answer:
signed a 10% note due in three years.
C. Incurred and paid $410,000 in salaries for the year.
D. Purchased $730,000 of merchandise inventory on account during the year.
E. Sold inventory costing $590,000 for a total of $910,000, all on credit.
F. Paid rent of $220,000 on the sales facilities during the first 11 months of the year.
G. Purchased $190,000 of store equipment, paying $52,000 in cash and agreeing to pay the difference within 90 days.
H. Paid the entire $138,000 owed for store equipment and $630,000 feel feel guy guess join
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